Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Sales and marketing

General and administrative

Restructuring and other charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DigitalOcean Holdings

DigitalOcean Holdings, Inc. operates as a holding company with interest in providing cloud infrastructure. Its solutions include website hosting, web & mobile apps, video streaming hosting, gaming development, and cloud VPN. The company offers services through its subsidiaries. DigitalOcean Holdings was founded in 2012 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DigitalOcean reports resilient growth amidst challenges, eyes 2023 opportunities

DigitalOcean navigated challenges in 2022 with revenue growth, improved margins, and adjusted targets for 2025.
Focus on accelerating free cash flow margins in 2023, workforce reduction, and return on invested capital framework.
Guidance for 2023 includes revenue growth, EBITDA margins, and EPS targets, with a strong emphasis on free cash flow margins.
Investments in growth initiatives, cost actions, and organizational efficiencies position DigitalOcean for future success.

DigitalOcean reports robust Q1 growth, eyes AI tools for expansion

DigitalOcean's Q1 2023 showed strong performance and strategic initiatives for growth. Challenges include margin impacts and NDR decline, while opportunities lie in AI tools and post-acquisition improvements. The company remains focused on delivering new offerings and operational enhancements.

DigitalOcean reports strong Q2 earnings, eyes AI/ML growth post-acquisition

DigitalOcean's strong quarter was tempered by challenges in core cloud business growth. Paperspace acquisition to boost AI/ML market presence and drive growth in 2024. Company remains committed to balancing free cash flow generation with growth.

DigitalOcean reports stable Q3 results and eyes diversified growth

DigitalOcean's Q3 2023 Earnings Call showcased solid financial performance, positive customer feedback, and a promising outlook for Q4. The company's focus on diversifying channels, enhancing product offerings, and addressing investor queries positions it well for future growth and market expansion.

DigitalOcean reports robust Q4 earnings, eyes AI/ML for growth

DigitalOcean's Q4 2023 performance was strong, with a focus on efficiency and growth driving revenue and profitability, projecting double-digit growth for 2024.
The company's strengths lie in its strategic focus on AI/ML, customer-centric leadership, and expansion strategies through acquisitions and product mix enhancements.
Challenges include competitive pressures, maintaining financial targets, and balancing investments for growth, while opportunities exist in new customer revenue and product innovation.
Overall, DigitalOcean aims for sustainable growth, leveraging technology advancements, and maintaining a competitive edge in the cloud computing market.

DigitalOcean reports robust Q1 performance, eyes AI growth opportunities

DigitalOcean's Q1 2024 performance reflects strong financials, customer engagement, and innovation pace, positioning the company for future growth.
While facing challenges in customer acquisition and operational efficiency, the company's strengths in financial stability, employee sentiment, and product strategies offer a solid foundation.
Opportunities in portfolio expansion, infrastructure democratization, and AI market growth present avenues for DigitalOcean to enhance its offerings and capture market share.
Balancing challenges with opportunities, DigitalOcean's strategic focus on innovation, customer-centric approach, and financial prudence set the stage for continued success and expansion.

DigitalOcean reports robust Q2 earnings, eyes AI democratization

DigitalOcean Holdings delivered strong financial performance in Q2 2024, with revenue growth, new product releases, and leadership additions.
The company's focus on AI democratization, software differentiation, and customer success highlights strategic priorities for future growth.
Challenges lie in maintaining margins, optimizing data center operations, and balancing growth initiatives with responsible AI strategy.

DigitalOcean reports robust Q3 earnings, eyes growth through innovation

DigitalOcean's Q3 performance reflects strong revenue growth, profitability, and strategic initiatives driving market positioning and customer engagement.
While facing challenges in optimizing margins and accurately reflecting AI revenue, the company is well-positioned to leverage opportunities in product innovation and partnerships.
With increased guidance, positive growth outlook, and a focus on scalability, DigitalOcean is poised for continued success and expansion in the cloud services market.

Revenue

Cost of revenue

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Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DigitalOcean Holdings, Inc. engages in providing cloud infrastructure. It operates through the North America, Europe, Asia, and Other geographical segments. The company was founded in 2012 and is headquartered in New York, NY.

NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Attention DigitalOcean Holdings, Inc. ("DigitalOcean") (NYSE: DOCN) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 16, 2023 and August 25, 2023. If you suffered a loss on your investment in DigitalOcean, contact us about potential recovery by using the link below.

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind DigitalOcean Investors of a Lead Plaintiff Deadline of November 13, 2023

NEW YORK , Nov. 11, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of DigitalOcean Holdings, Inc. ("DigitalOcean" or the "Company") (NYSE: DOCN). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of DigitalOcean Holdings, Inc. - DOCN

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 13, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired DigitalOcean Holdings, Inc. (“DigitalOcean” or the “Company”) (NYSE: DOCN) securities between February 16, 2023 and August 25, 2023, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On August 3, 2023, DigitalOcean disclosed t.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DigitalOcean Holdings, Inc. (DOCN)

LOS ANGELES, CA / ACCESSWIRE / November 10, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("DigitalOcean" or "the Company") (NYSE:DOCN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 16, 2023 and August 25, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES , Nov. 9, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against DigitalOcean Holdings, Inc. ("DigitalOcean" or the "Company") (NYSE: DOCN).

DOCN Investors Have Opportunity to Lead DigitalOcean Holdings, Inc. Securities Fraud Lawsuit

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for small-to-medium businesses (SMBs) and startups, today announced the findings of its bi-annual Currents report, which found that 78% of organizations believe that their use of AI/ML will increase next year, 37% of organizations plan to increase their cybersecurity spending, and 35% are employing multi-cloud approaches, highlighting the diversification in cloud infrastructure. DigitalOcean's Currents Report is a re.

DigitalOcean Currents Report Finds That Adoption of AI/ML, and Investments in Cybersecurity and Multi-cloud Strategies Are On The Rise at Small Businesses

C3.ai

Microsoft

Many artificial intelligence (AI) stocks have outperformed the broader stock market in 2023. But the AI industry is still in its infancy, and there will likely be plenty of opportunities ahead.

Want to Add Artificial Intelligence (AI) Stocks to Your Portfolio? 3 Stocks to Buy

DigitalOcean beat its own guidance in Q3 2023. Two big questions still loom large: Who will be the new CEO, and will small-business spending on cloud infrastructure soon bottom?

DigitalOcean Stock Is Down in the Dumps Again, but Could a Rebound Be Coming?

NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in DigitalOcean Holdings, Inc. ("DigitalOcean" or the "Company") (NYSE: DOCN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DigitalOcean investors who were adversely affected by alleged securities fraud between February 16, 2023 and August 25, 2023.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies DigitalOcean Holdings, Inc.(DOCN) Investors of a Class Action Lawsuit and Upcoming Deadline

LOS ANGELES, CA / ACCESSWIRE / November 9, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("DigitalOcean" or "the Company") (NYSE:DOCN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 16, 2023 and August 25, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $500,000 to Contact the Firm

Palantir Technologies

Improving demand from the government sector and increasing adoption of AIP are major growth catalysts for Palantir. DigitalOcean has demonstrated a remarkable turnaround in financial performance in the third quarter.

Investing $500 in These 2 Top Growth Stocks Would Be a Brilliant Move

DigitalOcean's growth is decelerating as customers pull back on spending. The company is still winning new customers, particularly those who tend to spend more each month.

Is DigitalOcean Stock a Buy as Growth Slows?

LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("DigitalOcean" or "the Company") (NYSE:DOCN) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 16, 2023 and August 25, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , Nov. 7, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of DigitalOcean Holdings, Inc.. Shareholders who purchased shares of DOCN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of DigitalOcean Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 13, 2023 - (NYSE: DOCN)

MongoDB

Snowflake

Macroeconomic headwinds appear to be abating. Several cloud stocks delivered robust financial results.

Why Snowflake, MongoDB, and Other Cloud Stocks Rallied on Tuesday

LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("DigitalOcean" or "the Company") (NYSE:DOCN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 16, 2023 and August 25, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

DigitalOcean stock dropped to its cheapest valuation ever in October after some analysts lowered their price targets. The company subsequently reported financial results ahead of guidance, causing shares to climb back up.

DigitalOcean Hits Choppy Waters: Why the Stock Dropped 15% Last Month

DigitalOcean's Q3 earnings easily beat Wall Street's expectations. DigitalOcean management slightly raised its full-year revenue guidance.

Where Will DigitalOcean Stock Be in 1 Year?

Duolingo

Innovative Industrial Properties

Over time, small-cap stocks far outperform their larger cousins. The two-decade period between 1999 and 2020 saw the Russell 2000 small-cap index more than triple in value compared to a 120% return by the S&P 500.

Top Small-Cap Picks: 3 Unstoppable Russell 2000 Stocks to Buy in November

DigitalOcean beat revenue expectations in its most recent quarter, and its free cash flow skyrocketed. The company's cash position is falling as it acquires other companies and repurchases shares.

Here's Why DigitalOcean Stock Surged Higher Today

Adobe

DocuSign

Lyft

Pinterest

Roku

Shopify

High-growth tech firms are experiencing a resurgence in their stock prices as growth reaccelerates. Companies like Shopify, Roku, and Palantir have seen their stock prices leap by more than 20% following strong earnings. DocuSign, Lyft, and DigitalOcean Holdings are three stocks that could represent opportunities for investors in the tech sector.

Comeback Of Growth Stocks: 3 Stocks To Play The Turnaround

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In DigitalOcean To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in DigitalOcean stock or options between February 16, 2023 and August 25, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/DOCN.

DIGITALOCEAN SHAREHOLDER ALERT

Although the revenue and EPS for DigitalOcean Holdings, Inc. (DOCN) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About DigitalOcean Holdings, Inc. (DOCN) Q3 Earnings

DigitalOcean Holdings, Inc. (NYSE:DOCN ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Rob Bradley - Vice President of Investor Relations Yancey Spruill - Chief Executive Officer Matt Steinfort - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Josh Baer - Morgan Stanley Patrick Walravens - JMP Kingsley Crane - Canaccord Genuity Jason Ader - William Blair Jaiden Patel - JPMorgan Operator Hello and good afternoon. My name is Jeremy and I'll be your conference operator today.

DigitalOcean Holdings, Inc. (DOCN) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its third quarter ended September 30, 2023. “We are encouraged by the stabilization we saw in our key revenue growth metrics in Q3, and we continued to both invest in our platform and drive further margin improvements.” said Yancey Spruill, CEO of DigitalOcean. “We added several new products and features for our customers while also generating strong free cash flow.”.

News for DigitalOcean Holdings Stock (DOCN)